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LGI Homes LGIH West — Cost of Sales

Other segment segments

Northwest
$58.3M+12.6%
Central
$56.5M-27.3%
Southeast
$31.17M+9.7%

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Other financials

Income statement

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Revenue$319.7M-9.0%
Gross profit$59.9M-18.7%
Operating income-$582.0K-444%
Net income$2.2M-45.9%
EPS (diluted)$0.09-47.1%

Balance sheet

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Cash & equivalents$60.9M+5.7%
Total debt$5.0M-17.3%
Total equity$2.1B+2.9%
Total assets$4.0B+3.1%

Cash flow

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Operating cash flow-$55.5M+56.3%
CapEx$696.0K-16.2%
Free cash flow-$56.2M+56.1%

Valuation

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Market cap$1.38B+2.8%
Enterprise value$1.32B+2.8%
P/E19.5×+10.9×
P/S0.8×+0.2×

Profitability

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Gross margin20.3%-3.5pp
Operating margin4.7%-4.2pp
Net margin4.2%-4.2pp
FCF margin-10.5%-12.7pp

Returns & leverage

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Return on equity3.4%-5.9pp
Debt / equity0.0×

Where this comes from

Reported directly by LGI Homes in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: LGI Homes’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001580670-26-000048
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Southeast56,49577,721
Northwest31,17128,422
West58,30151,795
Florida (1)40,38439,254
Total cost of sales$259,807$277,707
Other segment items (2):
Central$12,576$23,727
Southeast12,11615,842

Item 1. LGI Homes, Inc. Consolidated Financial Statements (Unaudited)

FAQ

What is LGI Homes's west — cost of sales?
LGI Homes (LGIH) reported west — cost of sales of $40.38M in Q1 2026.
How has LGI Homes's west — cost of sales changed year-over-year?
LGI Homes's west — cost of sales increased by 2.9% year-over-year, from $39.25M to $40.38M.
What is the long-term trend for LGI Homes's west — cost of sales?
Over 3 years (2022 to 2025), LGI Homes's west — cost of sales has grown at a -1.3% compound annual growth rate (CAGR), from $210.52M to $202.57M.
What does west — cost of sales mean?
Includes the direct costs associated with home construction, such as land acquisition, labor, materials, and capitalized interest for units sold within a specific segment. Monitoring this metric relative to revenue allows for the evaluation of regional gross margin performance and cost control efficiency. It highlights the impact of inflationary pressures on construction inputs and regional supply chain management.

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